Coys opens with auction doubleheader

Coys opens with auction doubleheader

Ferrari F40 sells for $1.349 million in England

Coys, the British auction house, opened its 2018 calendar last weekend with simultaneous sales in two countries — the Autosport International show in Birmingham, England, and Interclassics in Maastricht, Netherlands.

“Both auctions, which were the first international sales of the year, saw cars selling across the globe from the UK to AMerica to Russia and bode well for the forthcoming and significant auctions season in Scottsdale, Arizona,” Chris Routledge, Coys chief executive, said in a news release.

“The results across both auctions signify a very encouraging and very good start of 2018 and also show a positive outlook for the historic collector car market in the coming 12 months,” he added.

While not sharing such details as sales totals or sell-through rates, Coys did report on top sales at each location. At the Autosport event, a 1993 Ferrari F40 with racing provenance sold for £979,000 ($1.349 million), a 1967 Aston Martin DB6 Volante brought £530,000 ($730,000), and a 1975 Ferrari 365 GT4/BB that was delivered new to Col. Ronnie Hoare, chairman of Maranello Concessionaires UK, went for £312,000 ($430,000).
 
In the Netherlands, a 1961 Ferrari 250 GTE by Pininfarina sold for €292,000 ($402,000), a 1969 Ford Boss 429 Mustang brought €214,000 ($295,000) and a 1986 Aston Martin V8 Volante for €180,000 ($248,000).

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Coys also announced the remainder of its 2018 auction calendar:

February 17 — London Classic Car Show and Carole Nash London Motorcycle Show sales
March 24 — Techno Classica Essen, Germany
May 12 — Legende et Passions, Historic Grand Prix, Monaco
May 26 — Chiswick House, London
June 30 — Blenheim Palace, Oxfordshire
July 14 — Fontwell, UK
August 4 — Schloss Dyck, Germany
September 8 — Fontwell, UK
December 4 — True Greats, London

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